5 E 14th Place

About the Building

This attractive high-rise condo development in the popular South Loop neighborhood was built as recently as the year 2000, and it offers all the modern amenities you need to live in comfort and style in the big city. The building features 104 separate units with assigned/deeded parking to accommodate residents that have their own vehicles. The beautiful façade features large balconies that are attached to every unit in the building, which afford breathtaking views of the downtown Chicago skyline and Lake Michigan. In addition to the well-maintained craftsmanship of the building, this great dwelling offers several different layouts with varying numbers of bedrooms and unit size.

On average, the residences in this building provide 1004 square feet of living space. The choice of floorplans include anywhere from 1 to 3 bedrooms, which can range in area from 132 square feet to 264 square feet. But home isn't only about where you lay your head at night-the rest of the place is just as essential when looking for that perfect abode. The cook in the household will find the kitchens here are impressive, covering 132 square feet—enough room to whip up a delicious five-course meal for the occasional dinner party, which can be hosted in the 226 square-foot dining room. And what would a get-together be without a bit of mingling before sitting down to eat? Good thing there's a large 280 square-foot living room to let your guests roam around, and not even have to worry about bumping elbows.

In addition to the unit basics, you'd probably like to know some of the figures involved in purchasing a place like this. The latest 1-bedroom place to sell went for $265,000 around 07/02/2007. On top of the asking price, it's important to think about the added expenses residents need to pay in taxes every year. For property in this building, the taxes generally cost $2,968 annually, so factor that in when calculating that mortgage rate.